Friday 8 April 2011

CPO Futures Buy 3377 At 4pm

CPO Futures hourly indicator cut loss and turned buy 3377 at 4pm with a loss of 1 tick. However, if profit maximisation strategy was taken with profit targets at 3336 and 3316, the trade would be a profit trade not a loss trade of 1 tick.
CPO Futures hourly indicator will cut loss and turn sell if 5pm palm oil price is traded below 3334.